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Shamim Akhtar's Group
In this Group: Shamim Akhtar, Waqar-Un-Nisa, Nasreen Bibi, Fozia, Hussan Bano, Shazia Anwar
Shamim akhtar is an enthusiastic lady who operates a sewing business to supplement the income of her family. She is very dedicated to her work. Every day, she starts work with the mindset of meeting her orders and delivering to her clients. Shamim has obtained much respect among her clients for her honesty and dedication towards her work. The income she earns helps her to meet the household expenses.

Shamim is the mother of three children. Two of them are married while her other son is involved in a clothing sales business. He is very talented and has good knowledge about clothing varieties. He has been operating his business for over 12 years. With this loan, he will purchase clothes of different variety in bulk quantity for reselling. Shamim is quite hopeful that her sons’ business will mature further after the loan investment.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Pakistan

  • $4,700
    Average annual income
  • 253
    View loans »
    Pakistan Loans Fundraising
  • $14,728,150
    Funds lent in using Kiva
  • 89.1
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Shamim Akhtar's Group's $1,525 loan helped a member to buy clothes for resale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012